Overview of the Market for Pneumatic Or Hydraulic Hand Tool in Sweden
In value terms, pneumatic or hydraulic hand tool production contracted slightly to $ in 2019 estimated in export prices. Overall, production, however, recorded a noticeable setback. The pace of growth appeared the most rapid in 2011 with an increase of % y-o-y. Pneumatic or hydraulic hand tool production peaked at $ in 2007; however, from 2008 to 2019, production remained at a lower figure.
The revenue of the market for pneumatic or hydraulic hand tools in Sweden fell to $ in 2019, shrinking by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of % year-to-year. As a result, consumption reached the peak level of $. From 2018 to 2019, the growth of the market remained at a somewhat lower figure.